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Some property values to fall as Stafford votes to downzone

Some property values to fall as Stafford votes to downzone
Updated at March 4, 2021 - Rick Horner
Developers won’t be able to build as many homes on lots in the rural areas of Stafford County.
On Tuesday, the Board of Supervisors approved a controversial downzoning ordinance that limits the number of new homes that can be built on land currently zoned for A-1 agricultural use to one house per every six acres.
The ordinance was a pared-down version of what had been proposed, with county leaders wanting one home per every 10 acres, similar to restrictions on a tract of land dubbed the “Rural Crescent” in neighboring Prince William County. ....

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The Community Financial Corporation Announces Appointments to Its Board of Directors

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
The Community Financial Corporation Announces Appointments to Its Board of Directors
The Community Financial CorporationDecember 23, 2020 GMT
WALDORF, Md., Dec. 23, 2020 (GLOBE NEWSWIRE) The Community Financial Corporation (NASDAQ: TCFC) (the “Company”), the holding company for Community Bank of the Chesapeake, (the “Bank”) announced that on December 17, 2020 the Board of Directors appointed Michael B. Adams, James M. Burke, Gregory C. Cockerham and James F. Di Misa to the Company’s Board of Directors, effective January 1, 2021.
Michael B. Adams is the President of JON Properties, LLC, a full service commercial real estate company in Fredericksburg, Virginia. JON Properties has won numerous awards, particularly for its work on Historic Renovation and tax credit projects in the Fredericksburg, Virginia region. Prior to starting JON Properties, Mr. Adams worked ....

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